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#PODCAST: Alcohol industry welcomes inflation based 'sin tax' in effort to fight illicit trade

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By Newsbreak Producer, Tashlan Naidoo - The National Liquor Traders Council has welcomed the increase in alcohol excise duties in line with inflation. The 'sin taxes' are placed on non-essential items to discourage excessive alcohol and tobacco consumption, while also generating additional revenue for the government. A 340 milliliter can of beer or cider increases by 8 cents, a 750 milliliter bottle of wine goes up by 15 cents, a 750 milliliter bottle of spirits will increase by R3.20. Convener, Lucky Ntimane says this will also help curb the illicit alcohol trade which has boomed in the country....

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Newsbreak - Lotus fm

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